So I have spent a lot of time recently searching blogs related to family finances to try and get some ideas for how to temper our spending and I have to say that there is some very depressing things out there! I watch the news so I know that massive amounts of people are getting laid off and that there are record numbers of foreclosures I just have no personal experience with it so it is hard to relate to. I am so thankful that both of our jobs are rock solid and we do not have to worry about losing our jobs or our house. The military may be many things and I have had my moments when I wish he would get out and have a "normal" job but I am extremely thankful for it at this time in our economy. A set paycheck that will never go away, a free house, free medical/prescription (even if I do complain about it), free utilities, college funds for our kids (thanks to the Montgomery GI bill being transferable), and an unending supply of military kids for me to watch......yeah this is defiantly the only time since the war started that it pays to be in the military!
I also have to say that I am thankful that we have been slackers and have not invested very much in our retirement fund (TSP). We just upped our allotment to 10% (up from 5%) I figure stocks are cheap right now and we don't make very much to start with so there really isn't much of a risk for us so why not up our investment? I did move 40% to the G bill which is very little risk but left the rest in the L section which has its risk based on the amount of time till retirement, we still have 30yrs so it is a more aggressive fund. Hopefully when the tide starts to turn in the stockmarket we will get a nice little boost :D
Friday, February 20, 2009
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